Inverell Market Report 12th February 2019

Cattle: Numbers increased by over 500, with Inverell agents yarding 2,961 head. The yarding consisted of large numbers of yearling cattle, and cows were also in greater numbers. The offering of young cattle was mixed quality, comprised of several runs of well-presented yearling steers and heifers, however there was a fair number of plain conditioned cattle through the sale.   Competition was not as strong this week, as not all the usual feeder and re-stocker buyers competed in the market. Light young cattle attracted limited interest, resulting in re-stocker weaner steers easing 30c to 40c, topping at 259c, while weaner heifers were back by 20c to 50c, receiving from 110c to 190c/kg. Feeder steers were 18c to 23c cheaper for the medium weights, averaging 238c, while heavy feeders were less affected to average 255c/kg. The few trade yearling heifers sold from 189c to 264c/kg. However, light yearling heifers experienced a greater loss, easing up to 40c in places to make from 120c to 226c/kg. 

 The yarding of export cattle comprised mainly large numbers of cows and a small offering of grown steers and heifers. Grown steers sold slightly easier, topping at 261c to processors and up to 268c/kg for feeder steers. The mixed yarding of cows met a very inconsistent market, with heavy cows easing 7c, while medium weight cows were 13c to 28c/kg cheaper at times through the sale. Very light cows made from 30c to 154c, while 2 score medium weights averaged 267c, as 3 score medium weight averaged 173c/kg. Heavy cows sold to a top of 215c/kg.

Next sheep and cattle sale Tuesday 19th February and a combined agents store sale will be held 21st (Thursday) starting time 8.30am expected to be around 3200 cattle.

 

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